Bhutan's Bitcoin Exodus: $18M Moved as Holdings Crater from 13K to Under 4K
Picture this: tiny Bhutan, tucked in the Himalayas, just wired $18 million in bitcoin to fresh wallets. Holdings? Down 70% from peak. Who's winning here?
Picture this: tiny Bhutan, tucked in the Himalayas, just wired $18 million in bitcoin to fresh wallets. Holdings? Down 70% from peak. Who's winning here?
Deep in the Himalayas, Bhutan's Royal Government just wired $23 million in Bitcoin to unknown wallets. Onchain sleuths reveal a 70% plunge in reserves—hinting at a quiet exit from their mining empire.
Wallets flicker. $23 million in Bitcoin bolts from Bhutan's reserves. Holdings? Down 70% from their giddy peak — and yeah, it's not pretty.